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Statement by the IMF Managing Director on Ukraine

June 19, 2018

Christine Lagarde, Managing Director of the International Monetary Fund
(IMF), and Petro Poroshenko, President of Ukraine, spoke yesterday about
recent events. Following the call, Ms. Lagarde issued the following
statement:

“I am very encouraged by the adoption of the law on the High
Anti-Corruption Court (HACC) by the Ukrainian parliament, which is an
important step forward in the authorities’ fight against corruption. The
new law paves the way for setting up an independent and strong
anti-corruption court that together with existing institutions (NABU and
the Special Anticorruption Prosecutor’s Office) will contribute to
delivering the accountability and justice that the people of Ukraine demand
of their public officials.

“In this regard, I commended the President for his leadership that enabled
the approval of the law, and welcomed his intention to make the court
operational by the end of this year. We agreed that it is now important for
parliament to quickly approve the supplementary law submitted by the
President to formally establish the court, as well as the necessary
amendments to restore the requirement that the HACC will adjudicate all
cases under its jurisdiction, including all appeals of relevant first
instance court decisions, as it was in the draft law approved in the first
reading.

“We also agreed to work closely together, including with the government,
toward the timely implementation of this and other actions, notably related
to gas prices and the budget, that are critical to allow the completion of
the pending review under Ukraine’s IMF-supported program.”